See Home Value
$485,000
House - Off Market

8516 Shallot WAY

Austin, TX 78748
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2232 Sqft
$3,091
Estimated Monthly
$17
HOA / Fees
7.88%
Cap Rate

About This Property

**multiple offers**The owner has immaculately kept up this 5-bedroom home, a true gem in South Austin. You will be hard-pressed to find a 5-bedroom in South Austin for this price, with the largest lot in the neighborhood. One of the bedrooms is downstairs, which can be used as a flex space or bedroom. The primary bedroom has two walk-in closets. The magnificent tree in the front yard is a century tree that the city protects, ensuring its preservation. The recent updates include new kitchen and upstairs bathroom tile, Laminate flooring downstairs and two bedrooms upstairs, an Ecobee thermostat, Nest fire alarms, and a new 4-ton HVAC in October 2022. It is conveniently located near HEB, Torchy's, Ramen Tatsu-Ya, and Southpark Meadows, to name a few. It offers easy access to both I-35 and Congress. Don't miss the chance to see the charm and functionality of this well-maintained 5-bedroom home.
Unit Size
2,232Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$217
Property Type
House
Property Taxes
$692
HOA Dues
$17
Year Built
2008
Last updated: 2 months ago (Unlock MLS #ACT5538845)

Price History

Date / Event Date Event Price
Feb 9, 2024 In contract -
In contract
Feb 2, 2024 Listed by Compass RE Texas, LLC $485,000
Listed by Compass RE Texas, LLC
Sep 17, 2023 No longer available -
No longer available
Jul 23, 2023 Price Decreased $499,000
↓ $16K (3.1%)
Price Decreased
Jun 25, 2023 Price Decreased $515,000
↓ $5K (1%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 423
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,586
  • Total Building Area: 2,655
  • Gross Building Area: 2,655
  • Building Area: 2,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKRIDGE GARDENS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK C PARKRIDGE GARDENS

Ownership

  • Current Owner : FRANCO MARISSA
  • Current Owner 2: RIPPEY RYAN MICHAEL
  • Previous Owner : BRAYSHAW MARY JO
  • Owner Before Previous Owner: DAVIS WINIFRED MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002422

Geography

  • Assessors Map Reference: 0428090620
  • Account Number: 742754
  • Parcel: 742754
  • Block: C
  • Lot: 6
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.1751
  • Longitude: -97.7892

    Address

  • Full Address: 8516 Shallot Way
  • Address - House Number: 8516
  • Address - Street Name: Shallot
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Austin
  • Carrier Code: C001
  • 4-Digit Zip Code: 1048
  • Zip Code: 78748

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,476
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 485,798
  • High Value: 577,627
  • Low Value: 393,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING, INC.
  • First Open Lien Mortgage Recording Date: Mar 07, 2024
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $562,593
  • Market Land Value: $150,000
  • Market Improvement Value: $412,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,652

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Transaction ID: 11922563690
  • Current Sale Price: $565,250
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 24589
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Dec 06, 2019
  • Previous Sale Amount: $148,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING, INC.
  • First Mortgage Transaction Date: Mar 07, 2024
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 09, 2019
  • Previous Mortgage Loan Amount: $146,520
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,669 ft²
$270/ft²
$449,900 Sep 28, 2023
- Nov 30, -0001
$800/mo
House
4 Beds
3 Baths
1,482 ft²
$289/ft²
$429,000 Jan 11, 2024
- Nov 30, -0001
$21/mo
House
4 Beds
2 Baths
1,386 ft²
$307/ft²
$425,000 Nov 9, 2023
- Nov 30, -0001
$783/mo
House
3 Beds
2 Baths
2,317 ft²
$203/ft²
$470,000 Oct 25, 2023
- Nov 30, -0001
-
House
3 Beds
2 Baths
2,526 ft²
$200/ft²
$505,000 Jan 6, 2024
- Nov 30, -0001
$46/mo
House
3 Beds
3 Baths
1,682 ft²
$276/ft²
$465,000 Jan 25, 2024
- Nov 30, -0001
$649/mo
House
4 Beds
2 Baths
1,992 ft²
$256/ft²
$509,900 Mar 6, 2024
-
$568/mo
House
4 Beds
3 Baths
1,820 ft²
$246/ft²
$447,000 Jan 15, 2024
-
$628/mo
House
4 Beds
2 Baths
1,814 ft²
$232/ft²
$420,000 Mar 6, 2024
-
$761/mo
House
4 Beds
2 Baths
1,233 ft²
$438/ft²
$540,000 Nov 17, 2023
-
$636/mo
House
3 Beds
3 Baths
1,949 ft²
$269/ft²
$524,900 Oct 24, 2023
-
$707/mo
House
3 Beds
3 Baths
1,949 ft²
$275/ft²
$535,000 Feb 28, 2024
-
$284/mo

About Parkridge Gardens


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Frequently Asked Questions

When was property at 8516 Shallot Way built and last sold?
The property at 8516 Shallot Way was built in 2008 and last sold on Mar 6, 2024 for $565,250.
How much is this home worth?
The estimated value of the home located at 8516 Shallot Way is $489,850.
What are some comparable homes to 8516 Shallot Way?
Homes that are comparable to 8516 Shallot Way include a house property at 304 Jack Ryan Lane, 804 Patchway Lane, 8102 Beaconcrest Drive.

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